By Susanna Moon
Chicago, April 29 – MFB Hungarian Development Bank plc priced HUF 25 billion of floating-rate bonds due 2017, according to a Magyar Fejlesztesi Bank filing with the London Stock Exchange.
Bank of Hungarian Savings Cooperatives Co. Ltd. was the arranger.
Interest will be Bubor plus 34 basis points, payable quarterly.
The issuer is based in Budapest.
| Issuer: | MFB Hungarian Development Bank plc
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| Issue: | Floating-rate bonds
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| Total amount: | HUF 25 billion
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| Maturity: | June 28, 2017
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| Coupon: | Bubor plus 34 bps, payable quarterly
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| Bookrunner: | Bank of Hungarian Savings Cooperatives Co. Ltd.
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| Pricing date: | April 27
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| Settlement date: | April 29
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